In April 2017, there were seven homes sold, with a median sale price of $45,000 - a 4.7% increase over the $43,000 median sale price for the same period of the previous year. There were five homes sold in Route 29/ Route 97 in April 2016.
The median sales tax in Route 29/ Route 97 for 2017 was $1,112. In 2016, the median sales tax was $1,105. This marks an increase of 0.6%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.5%.
The following table compares Route 29/ Route 97 to other Springfield neighborhood with similar median sales prices in April 2017:
Neighborhood | Apr. 2017 Home Sales | Apr. 2016 Home Sales | % change (Total Home Sales) | Apr. 2017 Median Sales Price | Apr. 2016 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Grandview | 4 | 4 | 0% | $61,750 | $56,000 | 10.3% |
Route 97/ Walnut Street | 3 | 2 | 50% | $60,000 | $35,500 | 69% |
Southern View | 4 | 0 | - | $51,200 | $0 | - |
4th Street/ Cook Street | 5 | 5 | 0% | $46,900 | $66,000 | -28.9% |
Route 97/ 9th Street | 4 | 4 | 0% | $45,500 | $29,000 | 56.9% |
Route 29/ Route 97 | 7 | 5 | 40% | $45,000 | $43,000 | 4.7% |
Arlington Heights | 4 | 3 | 33.3% | $33,000 | $25,000 | 32% |
Cook Street/ Wheeler Avenue | 6 | 6 | 0% | $30,125 | $36,250 | -16.9% |
Ash Street/ Wirt Avenue | 4 | 1 | 300% | $28,500 | $10,000 | 185% |
College Street/ Lawrence Avenue | 4 | 6 | -33.3% | $24,250 | $51,750 | -53.1% |
Clear Lake Avenue/ 16th Street | 4 | 3 | 33.3% | $22,500 | $6,500 | 246.2% |